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Pastimes : Da_cheifs vomitorium
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To: #Breeze who wrote (6892)7/5/2023 5:31:28 PM
From: SGJ  Read Replies (1) of 7553
 
So basically his B would involve a 100% retracement of the bear downtrend before the C down to 2200. The odds of that happening have got to be miniscule. I think the most probable worse case at the ATH would be a .382 retrace or about 4300. That would sync up to October/Nov 23 bottom, the usual retrace season. Then onward and upward into the new year.

I told him the bottom would be between 3400-3600. Its in a post to him back last Fall.
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